What’s New

New in Version 3.09

August 2016

  • Ribbon interface for editing data
  • Notes feature for documenting your work
  • Change history for library entries
  • Long term disability valuations with monthly mortality and recovery rates
  • Over 30 additional features

What’s New in ProVal 3.09

Video: What’s New in ProVal 3.09 (38 Min)

New in Version 3.08

January 2016

  • Features for setting assumptions efficiently
  • Dynamic Asset Allocation
  • Inactive benefit splits
  • Individual spot rate method for accounting
  • GASB 74/75 for OPEB plans
  • Over 50 additional features

What’s New in ProVal 3.08

Video: What’s New in ProVal 3.08 (45 Min)

New in Version 3.07

March 2015

  • A richer expression interface including AutoComplete, tooltips, syntax coloring, and double-click to edit
  • Enhanced flexibility for modeling COLAs
  • Forecast events which model future assumption changes
  • The option to tie cash balance crediting rates to an asset benchmark
  • Gain/loss sample lives
  • Simplified entry and optional automatic refund for employee contributions
  • The ability to specify decrements by benefit
  • Over 50 new features

What’s New in ProVal 3.07

Video: What’s New in ProVal 3.07 (53 Min)

New in Version 3.06

April 2014

  • A revolutionized ProVal PS with an entirely new interface and vastly expanded capabilities
  • A flattened benefit interface
  • Database renaming
  • Distributed processing for stochastic forecasts
  • Settlement and curtailment accounting in forecasts
  • Interest rate sensitivity results in a valuation
  • Support for increased PBGC premiums under the Bipartisan Budget Act
  • A PBGC XRA calculation tool
  • Over 50 new features

What’s New in ProVal 3.06

Video: What’s New in ProVal 3.06 (47 Min)

New in Version 3.05

June 2013

  • Explicit support for MAP-21 pension interest rate stabilization
  • Support for GASB 67/68
  • 2D mortality improvement scales
  • Over 50 additional features

What’s New in ProVal 3.05

Video: What’s New in ProVal 3.05 (56 Min)